The volume of layoff notices by mortgage-related businesses has significantly slowed as of late, though the pace has remained robust among depository institutions.
In Rolling Meadows, Illinois, Bank of America Corp. is laying off 141 workers due to “consolidation,” a Worker Adjustment and Retraining Notification filing indicated.
The layoffs began on Sept. 4 and will be completed by Sept. 30, according to the July 11 filing with the Illinois Department of Commerce and Economic Opportunity.
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From:: Financing